Trump reveals Audi's ambitious plans for a major expansion in the US

German carmaker Audi is planning its first factory on American soil, and President Donald Trump used a Saturday campaign stop in Perry, Georgia, to say so. Trump put the price at $4.2 billion, with the site near Macon and groundwork beginning as soon as next month. He said the plant would turn out 200,000 vehicles a year and called it the biggest auto-sector investment in U.S. history, according to Fox Business.

Georgia officials say the facility should employ roughly 4,500 people and build premium SUVs for buyers across North America. Audi chief executive Gernot Döllner, who joined Trump onstage along with Audi North America president Vito Paladino, said the company intends to assemble its largest, most upscale SUVs in Macon. He described the commitment as long term, driven by confidence in the American market. Trump gave Commerce Secretary Howard Lutnick credit for helping close the arrangement.

The president also cited what he characterized as $40 billion in additional automotive investment, which he said would support 30,000 jobs. The Audi news followed a Friday rally in Florida, where Trump unveiled a $275 million program aimed at hiring and keeping nurses in nursing homes.

Summarized by PolitiKool from Fox Business’s reporting. Read the full story at Fox Business →